“About 1.5 million, or 53.6 percent, of bachelor’s degree-holders under the age of 25 last year were jobless or underemployed, the highest share in at least 11 years. In 2000, the share was at a low of 41 percent, before the dot-com bust erased job gains for college graduates in the telecommunications and IT fields." From John Mauldin's newsletter today.
I would love to see the breakdown by degree - what are the numbers for grads in recreational management and sociology versus those in various engineering disciplines.
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